An estimated 400,000 home owners, sellers, buyers and mortgage refinancers around the country could be in for a financial shock at the stroke of midnight Dec. 31.
That's when the national flood insurance program grinds to a halt -- at least temporarily -- thanks to Congress' failure to reauthorize it before leaving Capitol Hill for the holidays.
At least they managed to get the Eli Lilly Security Act through...oh, and cheap insurance for big real estate developers backed by the taxpayer...